Central Community Hospital Foundation

Analysis

Central Community Hospital Foundation is a registered charity in United States, based in Elkader, IA. It received its IRS tax-exemption ruling in December 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Central Community Hospital Foundation reported income of $107k and spending of $64k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $67k to $107k (+59%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Community Hospital Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IA. Charities of a similar size with the same main cause include Georgia Animal Project Inc ($107k), Joplin Nala ($107k) and Athens Rotary Club Inc ($107k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $11k (17% of expenses). At year end it held assets of $972k against liabilities of $736k, net assets of $236k.